Who is lending the U.S all this money for the bailouts and how much interest r they charging us?
Fredie and Fanny bailout =300 billion, The 750 Billion for AIG, Lehman and others, now the automakers want a bailout. My question is which lucky bank or country is loaning these billions to the U.S? and how much interest are they collecting?
What happened to the $700,000,000,000 we gave banks to start lending again?
I understand they mostly pissed that away. So what’s the fear of nationalization? If you have been given chance after chance to do right, and have done nothing but wrong, shouldn’t the government step in and make right? Do they want more bailout money? Why should we trust these people anymore?
What incentive do lending institutions have to lend?
If the government is giving funds to these institutions, why would the lenders even bother to do business? Why would they take any risk when they're already reaping the rewards by not taking any risk?
Kauai, Maybe you're missing my point. Normally lenders make a profit by borrowing low and lending high. But, when they can borrow at 0% and still receive bailout money in the billions, why would they lend at all? They're making a profit, and not risking anything, by not lending.
Should we all call our banks, especially those not lending?
My friend has his checking account at Wachovia/Welles Fargo, one of the banks that took taxpayer bailout money. Should he call them and ask them what they're doing about lending that money to mainstreet, and tell them if they're not making loans to credit worthy people, he'll move his money to banks that are lending?
Since the bailout will back up companies who engaged in risky lending, what happens to the lendees?
Are they going to get to keep their risky mortgaged houses now? What happens to the defaultees?
Bailout, Mortgage Fraud- BB&T Bank, Predatory Lending, Subprime
How are you measuring success of lending from TARP?
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